04/07/2013 – Ocean Yield will be listed on Oslo Børs on Friday 5 June 2013. The company has carried out the largest share issue in over two years in connection with its listing on Oslo Børs, and has gained more than 3, 700 new shareholders. This is the fifth new listing on Oslo Børs’ market places in 2013.
Representatives from the company will ring the bell at 09:00 AM and will then give a short presentation of the company. The presentation will start at 09:10 AM and is open to the press and public.
Ocean Yield ASA will be listed on Oslo Børs with the ticker OCY.
About Ocean Yield ASA
Ocean Yield ASA owns modern vessels that are on long-term contracts. The company’s ambition is to pay attractive and growing dividends to shareholders on a six-monthly basis. Ocean Yield’s dividend yield is in excess of 10% based on the company’s announced plans for its 2013 dividend and the share price of NOK 27 for the share issue. Ocean Yield has an average remaining contract term for its vessels of 7.5 years. The company has invested USD 650 million over the last 12 months.